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End Results

SeaWave Introduces Integrator 3.0i

SeaWave LLC, a wireless communications company serving the maritime industry, is proud to announce its most recent addition to the Integrator product line, the Integrator 3.0i. The Integrator 3.0i features a built-in Iridium voice and data modem that allows any vessel to combine Integrator’s Least Cost Routing and SeaWave’s signature Throughput Technology with the low cost service fees of the Iridium constellation creating a low cost, highly available communications system. The Integrator 3.0i’s state-of-the-art technology may be installed as a stand alone system or combined to leverage your customer’s existing communications system into one least cost routing network. The end result is the most powerful and affordable communication service available.


Bioremediation Products Demonstrated to USCG

The U.S. Coast Guard recently received a demonstration of two Spillaway brand bio-remediation products, which contain live bacteria or spores that "eat" oil and fuel. Spillaway products are distributed by MEM International. Bio-remediation uses naturally occurring microorganisms to degrade harmful chemicals into non-toxic compounds. Microorganisms break down a wide variety of organic compounds that are found in nature to obtain energy for their growth


U.S. Navy Gives Lockheed Martin the Green Light

The U.S. Navy has given its final approval for Lockheed Martin to proceed with the integration and shipboard installation of the world's first, fully-open architecture Aegis weapon system for a major surface warship. Aegis Open Architecture will be installed in the cruiser USS Bunker Hill (CG 52) during its Depot Modernization Period (DMP), scheduled to commence in February 2008. Aegis Open Architecture will allow the Navy to stay on technology's


Shedding the Subsea Offshore LITE

OilRig_TIS 061.jpg

The Louisiana Immersive Technologies Enterprise (LITE) and Global Industries partnered to share LITE visualization technology and high performance computing capabilities with oil and gas industry leaders at OTC in Houston. “Our hosts for OTC, Global Industries, gave us the opportunity to share our exciting visualization technologies with leaders in the oil and gas industry. Through onsite simulations we developed especially for the conference


Supply and Demand: Asia-Med

Sources: Drewry Maritime Research; World Container Index assessed by Drewry

Asia/Med peak season started badly as cargo growth from Asia to the Mediterranean was poor in June, which is an ominous sign for the rest of this year’s peak season. Containerized exports from Asia to the Mediterranean rose by only 1% between May and June, up to 415,000,000 teu, which does not auger well for the rest of the peak season. As the market is partly driven by tourism, much has to be in place before the end of August


Record Volumes at Port Metro Vancouver

Photo: Port Metro Vancouver

Canada's largest and most diverse port has released its 2013 year-end results showing continued growth, including a repeat of record volumes in the container and bulk sectors. In 2013, Port Metro Vancouver also advanced several ongoing capacity building infrastructure projects, updated and extended environmental initiatives and participated in substantial community engagement activities. The 2013 year-end statistics report shows that Port Metro Vancouver handled 135 million metric tons of


Insurance Industry Instability Triggers Upward Trend

By Trey Bryant Commercial Marine & Insurance Brokers Having been rather "soft," or in layman's terms "very competitive" for the last several years, the marine liability insurance market has begun what appears to be an upward trend in the pricing cycle over the last few months. There are, to be certain, several factors influencing this trend. The collapse of marine insurance giant Reliance Insurance Company and its subsidiaries has caused quite an uproar among various underwriters still


Controlling Maritime Security Cost

It is expected that the USCG will begin stepping up compliance measures and holding companies more accountable to the codes and regulations of the Maritime Security Act of 2002 (MTSA). The anticipated actions by the USCG, combined with the current cost of normal security procedures, will make it increasingly more difficult for companies to balance compliance with manageable security budgets. In addition, companies that lack the knowledge and experience to maintain full compliance run the risk


TOTE Ships to Reduce Emissions by 90%

Nearly $1.5m in grant money recently awarded to the Port of Tacoma will empower Totem Ocean Trailer Express, Inc. (TOTE) to reduce the particulate matter and greenhouse gas emissions of its two Orca Class vessels by an estimated 90 percent while at TOTE’s Tacoma terminal. The emissions reduction will be the end result of the Port of Tacoma adding 600,000 volt electrical maritime power at the terminal and TOTE retrofitting both vessels with electrical power plug-ins


DNV GL Updates Offshore Class Rules

Kenneth Vareide, Director of Offshore Class at DNV GL

DNV’s Enhanced Classification Rules for mobile offshore units presented in May have been further improved through a process of industry consultation and feedback. The final versions of the related DNV Offshore Standards have been released and are available now. “Our aim has been to take class a new step forward by focusing on control, transparency and efficiency. In addition - the intention has been to ensure that the latest best practices and innovations are rapidly implemented


Bibby Offshore Scoops Two Business Awards

Howard Woodcock (Photo courtesy of Bibby Offshore)

Bibby Offshore, a provider of subsea installation, inspection, repair and maintenance services to the offshore oil and gas industry, has been recognized at the 2014 Northern Star Business Awards winning in the categories Commitment to People Development and Outstanding Contribution to the Energy


Power and Endurance Ready for Austrailian Waters

DSC8302_mid.jpg

Wamalhanha is the final newbuild in a series of six tugs of the Robert Allan Design, RAstar 3200 where her main duties will be terminal activities, escort duties, ship assist, towage duties.   She was named on September 24, 2014 at UZMAR Workboat and Tug Factory for delivery


Marorka Opens Offices in Copenhagen

Ole Skatka Jensen (Photo courtesy of Marorka)

Marorka announced it is currently expanding following a substantial injection of funds. The expansion plan was approved and Marorka will extend its worldwide network in 2014. As a result, Marorka has opened Copenhagen offices in August 2014 and offices in Dubai and Athens will be strengthened


Seacontractors Milestone with Three Damen Workboats

Stan Tug 3011

Customized vessels demonstrate capabilities in demanding global markets. Seacontractors has expanded its workboat fleet with three new orders at Damen Shipyards Group, including the maritime services provider’s ninth vessel from the Shoalbuster range, a Damen Shoalbuster 3209


MN 100: Gencorp Insurance Group

Carnahan.jpg

16 Main Street East Greenwich, RI 02818 Telephone: 401 336 2182 E-mail: rcarnahan@gencorp-ins.com Website: www.gencorp-ins.com CEO/President: Robert G. Padula Number of Employees: 70 The Company: Gencorp Insurance Group provides the insurance and surety needs of marine contractors


Russia's Shipping Major Reports Strong 1H 2014

Tankship: Photo SCF

OAO Sovcomflot (SCF Group), Russia’s largest shipping company and a global leader in seaborne energy transportation and offshore services, has announced its financial and operating results for the six months ended 30 June 2014.   Highlights:


BW Offshore Awards SatCom Contract to Orange

SatCom dish: File photo

Provider of floating production services to the oil and gas industry, BW Offshore, says it has signed a 5-year, $12 million contract with Orange Business Services for an end-to-end satellite communication solution for its fleet of oil and gas production vessels.


Box Ships on Q2 Slippery Containership Slope

Container ship: File photo

"The reduced charters on the 'Box Queen', 'CMA CGM Marlin' and 'CMA CGM Kingfish' were the contributing factors to the 24% decline in our adjusted time charter revenues year over year, which directly impacted our bottom line." says Mr


Bourbon Posts Weak First Half Results

PSV Bourbon Explorer 501 (Photo courtesy of Bourbon)

Bourbon published its first half results for 2014, recording adjusted revenues up 8.9% at constant rates, reflecting an increase in the size of the fleet, despite a lower utilization rate (adjusted revenues increased 1.5% at current rates). Adjusted EBITDAR as a percentage of adjusted revenues


Greek Owner Docks Three with Gibdock

Photo courtesy of Gibdock

Piraeus-based Aegean Maritime Petroleum Network Inc. (AMPNI) has recently contracted Gibraltar yard Gibdock to carry out repairs to three of its vessels. The Aegean Princess, Halki and Nisyrus were all docked within the space of just over a month


McMurdo Establishes Americas Headquarters

Photo courtesy of the McMurdo Group

McMurdo Group, a company in end-to-end search and rescue (SAR) and maritime domain awareness (MDA) solutions, announced that it has formally established its Americas Headquarters in Beltsville, Maryland located within the Baltimore (Maryland)/Washington D.C. metropolitan area


CEVA Opens European Center of Logistics Excellence

CEVA logo with tagline

  CEVA Logistics, a leading global supply chain management company, today announced the opening of its first Center of Logistics Excellence in Europe. Situated in Ashby de la Zouch, United Kingdom, the opening marks CEVA’s third Center following the launch of Centers in Jacksonville


Sound Oil Announce 2014 Interim Results

Simon Davies, Chairman  of Sound Oil

  Sound Oil, the European / Mediterranean focused upstream oil and gas company, announced its unaudited interim results for the six months ended 30 June 2014.   Highlights   *     Introduction of cornerstone institutional investor following the year-end at a


NRC Program Targets Vessel Operating Costs, Safety

Canada’s NRC creating solutions for the growing Canadian shipbuilding, military vessels, marine commercial transportation and offshore resource industries As marine experts gather for the Ocean’s 14 conference in St. John’s Newfoundland


Aftermath of Scotland Independence Referendum: Platten Speculates

Guy Platten: File photo

After the referendum debate on Scottish independence Guy Platten, Chief Executive Officer of the UK Chamber of Shipping has called for the divisions created by the campaign to be healed. Mr Platten, who left Scotland and his role as Chief Executive of Caledonian Maritime Assets last year






 
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